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COMARCO INC FILES (8-K) Disclosing Change in Directors or Principal Officers

February 24, 2014

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 21, 2014, Janet Nguyen Gutkin was appointed as the Company's Chief Accounting Officer. Ms. Gutkin will carry out her responsibilities as the Company's Chief Accounting Officer pursuant to the terms of an Agreement for Consulting Services with the Company, dated effective January 16, 2014 (the "Agreement"). The Agreement, which is terminable by either party upon 30 days written notice, provides that Ms. Gutkin will be an independent contractor of the Company and will receive compensation of $8,750 per month. In connection with her appointment as Chief Accounting Officer, the Company also entered into an Indemnification Agreement with Ms. Gutkin, dated effective February 21, 2014, pursuant to which, among other things, the Company agrees to provide Ms. Gutkin with usual and customary indemnification rights.

Ms. Gutkin has served as Chief Financial Officer of New Asia Partners ("NAP"), an international private equity group focused on emerging growth stage companies, since September 2011. Prior to NAP, Ms. Gutkin served as Senior Vice President and Corporate Controller of Quality Systems, Inc., a developer of medical and dental practice management software from November 2004 to September 2011.


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Source: Edgar Glimpses

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